Tag: CPA Australia

Small businesses in Taiwan remain moderately resilient in the face of COVID-19-related uncertainties. In a recent survey by CPA Australia, 46 per cent of small businesses reported growing in 2020, while 56 per cent expect to grow in 2021.

Meskipun banyak bisnis kecil di Indonesia yang terkena dampak negatif COVID-19 pada tahun 2020, fokus yang kuat pada penjualan online dan kepuasan pelanggan seharusnya mengarah pada aktivitas bisnis kecil yang menguat kembali pada tahun 2021, menurut CPA Australia.

Although many small businesses in Indonesia were adversely impacted by COVID-19 in 2020, a strong focus on online sales and customer satisfaction should lead to a rebound in small business activity in 2021, according to CPA Australia.

Malaysian small businesses made greater use of digital technologies in response to COVID-19, with 40 per cent increasing their focus on online sales in the past 12 months. This finding comes from a new regional small business survey by global professional accounting organisation CPA Australia.

Only 16 per cent of surveyed Hong Kong small businesses reported growth last year, and only 21 per cent expect their business to grow this year.

Business confidence in Mainland China is upbeat, with 71 per cent of surveyed professionals expecting their company’s profit will remain the same or increase in 2021.

CPA Australia and Shanghai National Accounting Institute (SNAI), a leading public service institution affiliated with the Ministry of Finance of China, announced yesterday the publication of a new book titled 10 key technology trends for accounting and finance professionals in China.

Helping people navigate the rough times as well as sustaining businesses took centre stage at the Malaysian budget 2021 on Friday, but there were a host of other initiatives designed to elevate the living standards of Malaysians.

Over 75 per cent of Malaysian businesses have embraced at least one FinTech product or service over the past 12 months, according to findings from a new regional survey of business FinTech usage by global professional accounting organisation CPA Australia.

Driven by the Government’s FinTech development plan and innovation strategy, China is leading the way in business FinTech usage across the region, according to a survey of business FinTech usage by CPA Australia, one of the world’s largest accounting bodies.

Hong Kong businesses have embraced FinTech and are reaping the benefits, experiencing improved business efficiency, cost savings and an enhanced customer experience, according to a regional survey of business FinTech usage by CPA Australia.

Given concerns over the state of the economy and job insecurity created by COVID-19, 53 per cent of accounting professionals believe that the Hong Kong SAR Government should not increase tax revenue at this time.

CPA Australia would give a score of 85 out of 100 to this year’s Budget.

CPA Australia and Chartered Accountants Australia and New Zealand have joined 13 of the world’s largest professional accounting organisations committing to a call to action in response to climate change.

Despite short-term headwinds, the survey findings show that accounting and finance professionals are cautiously optimistic in China’s economic conditions in 2020, with 76 per cent of respondents forecasting GDP growth of 5.5 per cent or above.

Attended by about 400 business and accounting professionals from over 10 countries and regions, the event brought together business leaders and finance experts to provide solutions to the challenges facing the business world.